ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Journos on the decision to make Bunnings turn off facial recognition tech
By Will McLennan in Media News on Thursday, 26th February 2026 at 12:58pmThrough the lens: Inside the high-stakes world of photojournalism
By Meena R. Prashant in Media News on Thursday, 26th February 2026 at 12:35pm
India restricts access to journalist Azad Essa’s X account
By Staff Writer in Media News on Thursday, 26th February 2026 at 12:34pm
THE BRIEF: The machines are coming
By Tony Bosworth in Media News on Thursday, 26th February 2026 at 6:02am
Prasar Bharati announces 8th annual e-auction of MPEG-4 slots on DD Free Dish
By Staff Writer in Media News on Wednesday, 25th February 2026 at 10:11pm
Estée Lauder appoints WPP as Global Media Agency amid strong Q2 performance
By Staff Writer in Media News on Wednesday, 25th February 2026 at 9:14pm
Wondrlab in Talks to Acquire Madison World
By Staff Writer in Media News on Wednesday, 25th February 2026 at 9:10pm
Media news latest
Marcoms news latest